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CBRE - VIC

Piggy Smalls Burger Shop, 28 Harrington Square Altona, VIC 3018

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Piggy Smalls Burger Shop, 28 Harrington Square,
Altona, VIC 3018

Shops & Retail

Key property information

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CBRE - VIC
Justin Kramersh

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
04603496...
CBRE - VIC
Piggy Smalls Burger Shop, 28 Harrington Square
Altona, VIC 3018

Map of Piggy Smalls Burger Shop, 28 Harrington Square

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Thriving Essential Service Investment

  • Secure 7 Year Lease + options to 2041
  • Fixed 3% Annual Rent Increases
  • Modern 60sqm quality fit-out
+ Secure 7 year lease to 2027, with 2 further options of 7 years to 2041.
+ Thriving Essential Service takeaway shop (Piggy Smalls), located in the busy Harrington Square.
+ Modern 60sqm quality fit out located directly opposite Westona train station.
+ Fixed 3% Annual Rent Increases, assuring growth
+ Surrounded by important social infrastructure including 12 primary and secondary schools servicing a combined 5,400 full-time students
+ Strategically positioned in Harrington square benefiting from a large amount of foot traffic to the centre and located within 13km of the Melbourne CBD
+ Located within 3.5km of three Coles Supermarkets, Bunnings Warehouse, IGA, Australia Post, and the Altona library and beach.
+ The subject property is positioned between Harrington Street & Maidstone Street which services 9,200 cars daily on average daily.
+ Altona Population 2021: 14,703 residents currently and expected to grow to 18,605 by 2041 (22.87% growth).
+ Net Rent: $30,900 + GST

For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021

Altona, 3018 demographic data

The median household income for Altona is $1,826, 4% lower than Greater Melbourne's household income of $1,901. Altona has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 44% of property owners in Altona have a mortgage.

11,490
Population
$1,826 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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